4//SEC Filing
Sizmek Inc. 4
Accession 0001104659-15-016409
CIK 0001591877operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 9:46 PM ET
Size
9.5 KB
Accession
0001104659-15-016409
Insider Transaction Report
Form 4
Sizmek Inc.SZMK
SAUNDERS KENNETH J
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2015-02-27+4,285→ 4,285 total - Tax Payment
Common Stock
2015-02-27$7.90/sh−1,400$11,060→ 2,885 total - Exercise/Conversion
Restricted Stock Units
2015-02-27−4,285→ 10,538 total→ Common Stock (4,285 underlying)
Footnotes (5)
- [F1]Shares issued upon vesting of Restricted Stock Units (RSUs) granted to the Reporting Person on March 2, 2014.
- [F2]RSUs were granted to the Reporting Person pursuant to the issuer's 2014 Incentive Award Plan. Each RSU represents a contingent right to receive one share of the issuer's common stock.
- [F3]Shares withheld by the issuer to satisfy a portion of the minimum statutory tax withholding obligations that arose upon the vesting of RSUs on February 27, 2015, as reported in line 1 of this Form 4.
- [F4]This is the first of three (3) vesting installments of RSUs granted to the Reporting Person on March 2, 2014. The remaining 10,538 RSUs from such grant shall vest based on the achievement of certain corporate performance objectives during the three year period ending December 31, 2016, subject to the Reporting Person's continued service through the applicable vesting date, provided that the restricted stock units are subject to accelerated vesting under certain circumstances.
- [F5]985 RSUs previously granted were forfeited due to not achieving 100% of the issuer's target performance objectives for the period ended December 31, 2014.
Documents
Issuer
Sizmek Inc.
CIK 0001591877
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001591877
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 9:46 PM ET
- Size
- 9.5 KB